Link to the Show: 017 – Building a Lean Business With (Almost) No Capital with Alan Donegan of Pop Up Business School.
I started listening to the Bigger Pockets Money Podcast towards the beginning of 2020. I listened to this episode again on Saturday July 04, 2020 and wrote up my notes.
The focus of creating this article is to track my thoughts and reviews of each episode. My memory sucks so having a place on this blog to keep my notes was perfect.
Highlights
I like to listen to the full episode and then write what sticks out for me. There is always a lot of useful information and discussion that occurs during the show, but the following bullet points are what sticks out for me.
- Tip of the day, take a small business owner out to lunch or coffee.
- Try out your business small and then grow. A mini business experiments.
- Borrow as much as you can to start off. You can also barter for what you need.
- Each little business startup you learn something.
- You can make money doing just about anything.
- So many different paths to Financial freedom.
Famous 4
Question: What is your favorite finance book:
Answer: The Simple Path to Wealth by Jim Collins
Question: What is the biggest mistake money/finance?
Answer: Investing in high tech, high cost funds. Missed opportunity, some flats that he did not invest in.
Question: What is your best piece of advise just starting out?
Answer: Don’t be impatient, start small, start where you are.
Question: What is your favorite joke to tell at parties?
Answer: What do you call a fish with no eyes. a Fisshhh.
Review
It was interesting to hear from a guest from the UK. British accent. Great interview worth listening to. This is one of the first guest to actually have several jokes prepared for the interview. His message is just start small, and grow from there.